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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.


TSXV:FTEC - Post by User

Bullboard Posts
Comment by royalflush5on May 26, 2011 10:14am
189 Views
Post# 18628024

RE: The annual report question

RE: The annual report questionYeah good question, I don't remember seeing any numbers in the annual report.  As I said, I have a feeling that the annual financials didn't reflect much of the Iridium revenues, especially as the management noted on Feb 14 that until then, the prepaid cards were only available in limited locations.

It's a question to the management then. Hopefully we'll see some numbers in the Q1 on Monday is what I expect, and not just percentages. If not, then it can be followed up by a simple phone call to their IR and not some salesperson, as someone here did.

This year will be the year that the Iridium revenues really bloom.  SCG started the Master Card up in Q1 of 2010.  So I'm sure they had to work out a lot of logistical problems, etc. last year.  With the system now more or less in place, I think they will start pumping these cards out throughout Canada and the U.S, and 2011 will be a big year for them.
Bullboard Posts